Hengrui: Shorting Jiangsu Hengrui From Weekly ExhaustionJiangsu Hengrui Pharmaceuticals Co., Ltd. Class ASSE_DLY:600276ConnectmyCurrencyPrice has rallied back into a multi‑year descending channel’s supply zone on the weekly chart, where I’m positioning short against the upper boundary and recent swing high. The idea is to use this area as a low‑risk sell zone, targeting a move back toward the mid‑channel and then the major support zone lower down, with invalidation on a weekly close above the channel and stop region. If you’d like to study the methodology behind this idea, you can read more about my process and background in the profile bio.